IHSG Falls 51 Points at Market Close Amid Ongoing Middle East Tensions
Jakarta – Indonesia’s Composite Stock Index (IHSG) remained in negative territory through the close of trading on Wednesday, 11 March 2026, declining 0.69 per cent or 51.51 points to settle at 7,839.40.
According to monitoring by VIVA at Stockbit, the downward trend became increasingly apparent during the second trading session, even dipping to 7,834 at one point. The intraday high reached 7,523.
Transaction value totalled Rp12.75 trillion with trading volume reaching Rp281.44 million. Total trades executed numbered 1.85 million transactions.
The energy sector experienced a decline of 2.01 per cent amid ongoing conflict in Iran. The raw materials sector dropped 2.03 per cent, the infrastructure sector weakened 1.34 per cent, whilst the cyclical consumer sector slid 0.56 per cent and the transport sector lost 0.35 per cent.
By contrast, the technology sector posted the strongest gains at 0.87 per cent. The healthcare sector advanced 0.29 per cent, the non-cyclical consumer sector climbed 0.27 per cent, the property sector rose 0.17 per cent and the financial sector ticked up marginally by 0.03 per cent.
“After initially advancing during the first session, the IHSG traded in negative territory throughout the second session,” said the Phintraco Securities analysis team in its daily research on Wednesday, 11 March 2026.
The Phintraco Securities team noted that investors have shifted towards short-term trading strategies amidst heightened uncertainty surrounding conflict between the United States and Israel with Iran, coupled with the approach of the Eid holidays commencing mid-next week.
On a technical basis, the Stochastic RSI and MACD indicators remained relatively weak. The IHSG managed to advance to the 7,520 level before closing once again in negative territory.
Asian stock indices closed with mixed results on Wednesday, 11 March 2026, whilst the majority of European indices opened lower amid intensifying military operations in the Middle East.
Three vessels off the Iranian coast have been struck by projectiles near the Strait of Hormuz. Shipping traffic through the strategically crucial Strait of Hormuz has virtually halted since the United States and Israel conducted aerial strikes on Iran on 28 February 2026.